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Tag Archives: online markets
Professor Koleman Strumpf tells CNN that a prediction market, by essence, can’t predict an upset.
CNN: FOREMAN: I’ve got something I want you to take a look at. Look at this. It could be the price of a stock or a mutual fund. It isn’t. It’s the odds that a particular candidate, the red here … Continue reading →
Posted in All Best Posts Ever, Analysis (Accuracy & Precision), Analysis (Meta), Exchanges & Markets, Explainers
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Tagged accuracy, CNN, crude oil, director of the Sports Book, Dublin, event derivative markets, event derivatives, Forecasting (Science & Practice), FOREMAN, Hillary Clinton, historical prediction markets, InTrade, Iowa, Iowa Electronic Markets, Ireland, JOHN AVELLO, Johnny Avello, Kansas, Koleman Strumpf, Las Vegas, Madame Tussaud's Wax Museum, online markets, particular candidate, prediction markets, President, president of the United States, Professor, surprise, the New York Times, United States, University of Kansas, University of Kansas School of Business, upset, USD, Wall Street, Washington, Wisconsin, WYNN, WYNN HOTEL
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Notre Dame U. student and TradeSports-InTrade trader Alex Forshaw’s 5 minutes of fame in the WSJ.
The Election Investors – Political junkies around the world spent the past few weeks trading on increasingly popular online markets that allow people to invest in futures contracts based on election outcomes. (WSJ $$$) – (Republished under this title: Political … Continue reading →